- on the weekly chart : a hard dive down in the past few weeks back to the level of resistance
- on the daily chart : the price been moving down with steady a strong movements as we can see in those red candles but as we can notice in the past 3 days , a green candle warning us about the lost of selling pressure
- on the 15 min chart : a breaking of the VWAP upwards early this morning confirm the lost of selling pressure
- personal opinion : the lost of selling pressure might be a warning that the big players are getting ready to take their profits, i give it a 85% that in the next few days the price will know a strong climb upwords
- best move : wait until we see a breaking of the VWAP on the 15 min chart tomorrow . when that happens open a position as a buyer and dont sell until it reachs the upper level
contact me if you want me to keep an eye and update you daily on a stock/crypto/forex/future.... of your choice
- on the daily chart : the price been moving down with steady a strong movements as we can see in those red candles but as we can notice in the past 3 days , a green candle warning us about the lost of selling pressure
- on the 15 min chart : a breaking of the VWAP upwards early this morning confirm the lost of selling pressure
- personal opinion : the lost of selling pressure might be a warning that the big players are getting ready to take their profits, i give it a 85% that in the next few days the price will know a strong climb upwords
- best move : wait until we see a breaking of the VWAP on the 15 min chart tomorrow . when that happens open a position as a buyer and dont sell until it reachs the upper level
contact me if you want me to keep an eye and update you daily on a stock/crypto/forex/future.... of your choice
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.